The partnership which facilitates consumer-to-business collections was officiated at Citi Treasury and Trade Solutions’ inaugural ASEAN Fintech Day in Singapore. Citi enters the partnership with Vietnam-based Payoo Citi Treasury and Trade Solutions today announced a strategic partnership with Vietnam-based intermediary payment service provider, Payoo, to facilitate consumer-to-business collections for corporate clients in the country. Under the partnership, Citi’s corporate clients in Vietnam will be able to receive real-time payments from their customers for services including utilities, telecommunications and credit card bills through Payoo’s extensive digital network and physical footprint of over 10,000 brick-and-mortar touchpoints. "The collaboration with Payoo is exciting as it complements Citi’s capabilities to deliver last-mile digital solutions to our clients. This is in line with our strategy to leverage the potential of the … [Read more...] about Citi enters partnership with Vietnam based Finfech Payoo
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PM urges faster work onHCM City’s first metro
Prime Minister Nguyen Xuan Phuc has insisted that Ho Chi Minh City’s Ben Thanh-Suoi Tien metro line will enter operation in 2021. On April 12, the prime minister and HCM City Party Secretary Nguyen Thien Nhan along with representatives from some ministries and agencies checked the implementation of Ben Thanh-Suoi Tien metro project in HCM City. Prime Minister Nguyen Xuan Phuc checked the implementation of Ben Thanh-Suoi Tien metro project in HCM City. According to the PM, the project was evidence of the relationship between Japan and Vietnam. To date, around 63% of the work has been done. Nearly 2,000 people are working day and night to speed up the project. “The project needs to be technically tested by late 2020 for official operation in 2021,” the government leader instructed. Phuc asked ministries and agencies to ensure funding capital for the project’s implementation. He also thanked the Japanese government and agencies for actively supporting … [Read more...] about PM urges faster work onHCM City’s first metro
Bettering new social insurance policy on foreigners
Bettering new social insurance policy on foreigners, Photo: Shutterstock One of Vietnam’s leading English-language training centres, Apollo Education and Training Organisation (Apollo) has more than 400 foreign teachers working across the country and is one of the most hard-pressed to apply Decree 143. Nguyen Kim Dung, head of Apollo’s Legal, Compliance and Government Relations, told VIR that the procedures to pay insurance after foreign labourers are very complicated and are causing the company concerns. For instance, is examination in public hospitals possible for non-Vietnamese speakers? Does the insurance agency pay for foreign-language prescriptions? And do procedures to get death benefits have to be notarised and translated? “We worry that the complications may undermine the government’s policy on insurance for foreign workers. It is necessary to issue simple and convenient guidelines and procedures for foreign labourers to really enjoy the benefits of … [Read more...] about Bettering new social insurance policy on foreigners
Hanoi beats 2018 health insurance coverage target
The Hanoitimes - Hanoi City Social Security has received the flag of excellence in the emulation movement 2018 of the Hanoi People`s Committee. Vietnam’s rising healthcare spending is inevitable trend More than 82 million Vietnamese covered by health insurance Vietnam learns Argentina experience in healthcare In 2018, Hanoi's coverage of health insurance reached 85.6% of the population, 1.2% above the target assigned by the municipal People's Council and People's Committee. This is a remarkable achievement of Hanoi health insurance revealed at the conference on deploying the tasks in 2019 organized by Hanoi Social Security on January 10. Vice Chairman of the Hanoi People's Committee Ngo Van Quy handed over the emulation flag of the City People's Committee to the leadership of Hanoi Social Insurance. Photo: Kinhtedothi.vn Besides, the debt ratio of social insurance, health insurance and unemployment insurance in the city fell sharply to 2.53%. The related … [Read more...] about Hanoi beats 2018 health insurance coverage target
Conference reviews social and health insurance work in the military in 2018
Participants evaluated that, thanks to the timely leadership and instructions of the Central Military Commission and Ministry of National Defense, the social and health insurance work in the military has been effectively implemented over the past time. This year, relevant agencies of the Ministry of National Defense and military units have comprehensively carried out and successfully fulfilled all set plans. Accordingly, all servicemen in the military and their family members have now had medical insurance cards with access to health checkups and treatment at both military and civilian medical facilities. The military insurance sector actively applied IT to its task implementation and sped up administrative reforms so as to meet the requirements of the management of social and medical insurance in the current context. They also paid due attention to disseminating policies on social and medical insurance. At the conference. Photo: mod.gov.vn Addressing the event, … [Read more...] about Conference reviews social and health insurance work in the military in 2018